2013
DOI: 10.2139/ssrn.2295823
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Development Imperatives for the Asian Century

Abstract: Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in… Show more

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Cited by 3 publications
(3 citation statements)
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“…As the calculation of NPV concerns long-term influences, there are different views on how to incorporate those into the present value. Petri and Thomas (2013) discuss the discount rate and differing views about it in the context of climate change, taking the Stern Review (Stern 2006) as a case study. The Stern Review uses a normative interest rate of 1.4 percent to calculate the present value of future environmental damages, using the principle that the welfare of all generations should count equally.…”
Section: Net Present Value (Npv) Of Alternative Scenariosmentioning
confidence: 99%
“…As the calculation of NPV concerns long-term influences, there are different views on how to incorporate those into the present value. Petri and Thomas (2013) discuss the discount rate and differing views about it in the context of climate change, taking the Stern Review (Stern 2006) as a case study. The Stern Review uses a normative interest rate of 1.4 percent to calculate the present value of future environmental damages, using the principle that the welfare of all generations should count equally.…”
Section: Net Present Value (Npv) Of Alternative Scenariosmentioning
confidence: 99%
“…Despite the progress made locally, there is no shortage of evidence-based reports and scholarly works indicating a downward spiral of worsening social and environmental conditions in Asia (ADB, 2012;Bauer & Thant, 2010;Laruelle & Peyrouse;Lipovsky, 1995). Economic growth and the sustainable development of Asian societies are threatened, mainly by two alarming socio-economic trends: rising income inequality and ecological deterioration (Petri & Vinod, 2013). A report by the Asian Development Bank (ADB, 2012) indicates that rising income inequality is widespread in Asia.…”
Section: The Economic Development and Sustainability Nexus In Asiamentioning
confidence: 99%
“…Pretax subsidies-the difference between domestic and world energy prices-are 0.9 percent of Asia's GDP. Post-tax subsidies, which include externality charges such as lost taxes and damage to other economic sectors, are approximately 4.4 percent of GDP (Petri and Thomas 2013).…”
Section: Removing Fossil-fuel Subsidiesmentioning
confidence: 99%